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I am a beginner investor who still hasn't got their first deal. I have spoken with some real estate friends and they have told me about how private money has helped their business grow massively. It is something I bel...
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I’m hoping to purchase a few properties with a friend/business partner but after meeting with a lawyer am even more confused. Any advice on what setup is easiest and most tax advantaged?I’m a high income W2 earner get...
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Hey BiggerPockets! I have recently been presented an opportunity from a neighbor of mine to purchase a big piece of his portfolio of 17 properties consisting of 43 total units. The properties range from two single fam...
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I've finally made the decision to start investing with a flip. I want my first flip to be in an area I know well. So, for me that will be the East Bay in NorCal or in the Long Beach area in SoCal. (Two tough places ...
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I have an associate who is an experienced rehabber. My market has been sucking in terms of acquiring rentals so I am looking to put my money in other options. I know very little about rehabbing itself and want to ma...
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In the BRRRR strategy, you generally do a cash out refi in order to get the cash to "repeat." Is there a POV on whether or not you should refi the entirety of your initial investment so that your COC returns skyrocke...
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Hi BP and Friends,
I realized that after acquiring my first 4-Units investment, there is a big setback financially. This is because the conventional bank required that I put down 25%. It is pretty much all I’...
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Hello BP!I have an opportunity to purchase an 8 family apartment building in Wisconsin from a family friend. The owner owns the property free and clear and is looking to retire from the business. The owner said he is ...
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Hi all! I'm interested in passively investing in large apartment deals. I already have connections to a few operators and have browsed their packets but haven't pulled the trigger yet. Does anyone have any recommendat...
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I'm getting hung up on part of the BRRRR strategy, can somebody explain it to me like I'm a small child?
Example: I buy a 40k house, put 8k down and spend 15k on rehab. Now it appraises at 80k. The bank lets me r...